http://www.1mtx.com/markets-trades/en/index.php?language=en&menu=MARKETS&punkt=Energie&punkt2=Energy&index=NG#EnergyNG The major difficulty in the use of natural gas is transportation and storage because of its low density. Natural gas pipelines are economical, but impractical across oceans. Many pipelines in North America are close to reaching their capacity...prompting some politicians in colder climates to speak publicly of potential shortages. LNG (Liquefied Natural Gas) carriers can be used to transport LNG across oceans, while tank trucks can carry liquefied or Compressed Natural Gas (CNG) over shorter distances (transporting natural gas directly to end-users, or to distribution points such as pipelines for further transport). These may have a higher cost, requiring additional facilities for liquefaction or compression at the production point, and then gasification or decompression at end-use facilities or into a pipeline. Commodities Energy: NG Natural Gas Natural Gas "...is a vital component of the world's supply of energy. It is one of the cleanest, safest, and most useful of all energy sources..." 'NG' is the Symbol of 'Natural Gas Futures' traded at the NYMEX (CME Group) Latest Updates... Latest Prices and Data Release Schedule: normally updated Thursday by 2:00 p.m. EST ? U.S. Natural Gas Weekly Update (Sources: U.S. Energy Information Administration) Latest Updates... Natural Gas, commonly referred to as gas, is a gaseous fossil fuel consisting primarily of methane. It is found in oil fields and natural gas fields, and in coal beds. Natural gas accounts for almost a quarter of United States energy consumption. Natural Gas: A vital component of the world's supply of energy Natural gas is commercially produced from oil fields and natural gas fields. Gas produced from oil wells is called casinghead gas or associated gas. The largest two natural gas fields are probably South Pars Gas Field in Iran and Urengoy gas field in Russia, with reserves on the order of 1013 m3. Qatar also has 25 trillion cubic meters of natural gas (14% of the world's proven supply), enough to last 250 years at current production levels. Energy Consumption by Fuel 1970 - 2025 (Quadrillion Btu) Source: EIA - Annual Energy Outlook 2004 with Projections to 2020 The world's largest two natural gas fields are probably South Pars Gas Field in Iran and Urengoy gas field in Russia, with reserves on the order of 1013 m3. Qatar also has 25 trillion cubic meters of natural gas (5% of the world's proven supply), enough to last 250 years at current production levels. World map natural gas production natural gas futures contract trades in units of 10,000 million British thermal units (mmBTU) . The price is based on delivery at the Henry Hub in Louisiana, the nexus of 16 intra- and interstate natural gas pipeline systems that draw supplies from the region's prolific gas deposits. An options contract and calendar spread options contracts provide additional risk management opportunities. The spread between natural gas futures and electricity futures the spark spread can be used to manage price risk in the power markets. NaturalGas.org Natural Gas Publications (eia.doe.gov) Opinion: "Trading Natural-Gas Stocks" Opinion: "Natural Gas - The Other Bull?" Commodities ^ top Sources: NaturalGas; Wikipedia; NYMEX; Others; .1MTX 2007
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